UNIQA prepares capital increase

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Business

UNIQA Versicherungen AG (UNIQA) boss Andreas Brandstetter announced plans for a capital increase. Brandstetter said the move would be carried out later this year instead of only in 2013. He explained that another capital increase would be within the bounds of possibility for next year. He said the revenues from the measure would be used […]

Mitterlehner expects strong 2010 economy

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Business

People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has said the Austrian economy will prove think tanks wrong by growing stronger than predicted.The Institute for Economic Research (WIFO) and the Institute for Higher Studies (IHS) said earlier this year they expected the country’s economy – still considered to be in a fragile condition after the global […]